Triple Frond Partners LLC Long-Term Concentrated

Location: SAN FRANCISCO, CA

CIK: 0001454502 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 15, 2026

Total Value: $963K (100.0% shares, 0.0% debt)

Holdings (12)

New Positions (1)

MA MASTERCARD INC 9.1%

Value $87,676 Shares 175,472 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MA	MASTERCARD INC	175,472	$87,676	9.1%	—	—	CL A	57636Q104

Increased Positions (5)

TDG TRANSDIGM GROUP INC 12.8%

Value $123K (-99.9%) Shares 106,544 (+2.6%) Est. Cost — Unrealized —

ASML ASML HOLDING N V 16.3%

Value $157K (-99.9%) Shares 118,917 (+11.4%) Est. Cost — Unrealized —

META META PLATFORMS INC 7.0%

Value $67,299 (-99.9%) Shares 117,628 (+20.8%) Est. Cost — Unrealized —

TRU TRANSUNION COM 5.9%

Value $56,586 (-99.9%) Shares 817,828 (+48.4%) Est. Cost — Unrealized —

CCC CCC INTELLIGENT SOLUTION HOLDINGS INC 3.4%

Value $32,478 (-99.9%) Shares 5,413,036 (+12.7%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TDG	TRANSDIGM GROUP INC	106,544 (+2.6%)	$123K (-99.9%)	12.8%	—	—	COM	893641100
ASML	ASML HOLDING N V	118,917 (+11.4%)	$157K (-99.9%)	16.3%	—	—	NY REG SHS	N07059210
META	META PLATFORMS INC	117,628 (+20.8%)	$67,299 (-99.9%)	7.0%	—	—	CL A	30303M102
TRU	TRANSUNION COM	817,828 (+48.4%)	$56,586 (-99.9%)	5.9%	—	—	COM	89400J107
CCC	CCC INTELLIGENT SOLUTION HOLDINGS INC	5,413,036 (+12.7%)	$32,478 (-99.9%)	3.4%	—	—	COM	12510Q100

Exited Positions (1)

LRCX LAM RESEARCH CORP 5251.1%

Value $50.56M Shares 295,377 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
LRCX	LAM RESEARCH CORP	295,377	$50.56M	5251.1%	—	—	—	512807306

Decreased Positions (2)

ILMN ILLUMINA INC COM 3.9%

Value $37,774 (-99.9%) Shares 306,460 (-18.1%) Est. Cost — Unrealized —

LYV LIVE NATION ENTERTAINMENT IN 3.7%

Value $35,804 (-99.9%) Shares 234,765 (-8.2%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ILMN	ILLUMINA INC COM	306,460 (-18.1%)	$37,774 (-99.9%)	3.9%	—	—	COM	452327109
LYV	LIVE NATION ENTERTAINMENT IN	234,765 (-8.2%)	$35,804 (-99.9%)	3.7%	—	—	COM	538034109

Unchanged Positions (4)

MSFT MICROSOFT CORP 13.6%

Value $130K Shares 352,504 Est. Cost — Unrealized —

GOOG ALPHABET INC 10.5%

Value $101K Shares 353,459 Est. Cost — Unrealized —

AMZN AMAZON.COM INC 10.4%

Value $99,664 Shares 478,534 Est. Cost — Unrealized —

CHTR CHARTER COMMUNICATIONS INC N 3.4%

Value $33,186 Shares 153,725 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	352,504	$130K	13.6%	—	—	COM	594918104
GOOG	ALPHABET INC	353,459	$101K	10.5%	—	—	CAP STK CL C	02079K107
AMZN	AMAZON.COM INC	478,534	$99,664	10.4%	—	—	COM	023135106
CHTR	CHARTER COMMUNICATIONS INC N	153,725	$33,186	3.4%	—	—	CL A	16119P108